{"id":63511,"date":"2023-05-26T16:22:13","date_gmt":"2023-05-26T06:22:13","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=63511"},"modified":"2023-05-26T16:22:13","modified_gmt":"2023-05-26T06:22:13","slug":"ic-markets-europe-fundamental-forecast-26-may-2023","status":"publish","type":"post","link":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/","title":{"rendered":"IC Markets Europe Fundamental Forecast | 26 May 2023"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>IC Markets Europe Fundamental Forecast | 26 May 2023<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What happened in the Asia session?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Tokyo Core CPI came in at 3.2% year-on-year, lower than the forecasted 3.4% and the previous rate of 3.5%. The weaker-than-expected data could negatively impact the Japanese Yen as it might lead to a more dovish stance from the Bank of Japan, possibly resulting in continued low-interest rates.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What does it mean for the Europe &amp; US Sessions?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The recent rise in the DXY may see profit-taking deepening if the US Core PCE Price Index m\/m comes in significantly lower than 0.3%. A drop towards 103.40 would not be surprising. Otherwise, stubborn inflation in the US may propel the Dollar Index higher towards 105.00<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Dollar Index (DXY)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key news events today<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Core PCE Price Index m\/m<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What can we expect from DXY today?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The forecasted and previous data for the Core PCE Price Index m\/m indicate a 0.3% change. As a result, the upcoming release of this data is only expected to impact the USD if a substantial deviation occurs significantly. Since this gauge is the Fed\u2019s favourite measure of inflation, a lower-than-expected figure will likely weaken the USD as the central bank can justify recent dovish comments on the interest rate hike path.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The committee raised the target range for the federal funds rate to 5 to 5-1\/4 per cent. The U.S. banking system is sound and resilient.<\/li>\n\n\n\n<li>Tighter credit conditions for households and businesses may weigh on economic activity, hiring, and inflation.<\/li>\n\n\n\n<li>The committee is committed to returning inflation to its 2% objective<\/li>\n\n\n\n<li>The committee will adjust monetary policy as appropriate if risks emerge that could impede the attainment of goals<\/li>\n\n\n\n<li>Next meeting is on 14 June 2023<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Next 24 Hours Bias<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mixed<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Gold (XAU)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key news events today<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No major news events.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What can we expect from Gold today?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the Core PCE Price Index m\/m is lower than expected, it could weaken the USD and align with recent dovish comments from the Fed. This could positively affect the price of gold as it would suggest a reduced likelihood of monetary policy tightening, which can be favourable for gold.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Next 24 Hours Bias<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mixed<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Australian Dollar (AUD)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key news events today<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No major news events.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What can we expect from AUD today?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The upcoming release of Australia&#8217;s Retail Sales data is expected to show a 0.3% increase month-on-month (m\/m), a slight drop compared to the previous figure of 0.4%. If the actual data meets or falls below the forecasted growth rate, it could weaken market sentiment and lead to a drop in the AUD.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Official Cash Rate was increased by 25 basis points to 3.85%.<\/li>\n\n\n\n<li>Inflation in Australia has passed its peak but remains high at 7%, and it may take some time to return to the target range.<\/li>\n\n\n\n<li>GDP is forecast to increase by 1.25% this year and around 2% over the year to mid-2025.<\/li>\n\n\n\n<li>Next meeting on 6 June 2023<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Next 24 Hours Bias<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Weak bearish<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Kiwi Dollar (NZD)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key news events today<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No major news events.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What can we expect from NZD today?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No major news is expected for the NZD today, but its price direction is likely influenced by the recent dovish RBNZ decision to raise the OCR from 5.25% to 5.50%.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Monetary Policy Committee has raised the OCR from 5.25% to 5.50%<\/li>\n\n\n\n<li>The Committee believes that interest rates at a restrictive level for some time will bring inflation back within the target range while supporting maximum sustainable employment<\/li>\n\n\n\n<li>The Committee voted by a majority of five to two to increase the OCR by 25 basis points to 5.50%<\/li>\n\n\n\n<li>Interest rates must remain restrictive to ensure inflation returns to the target range while supporting maximum sustainable employment<\/li>\n\n\n\n<li>Next meeting is on 12 July 2023<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Next 24 Hours Bias<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Weak bearish<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Japanese Yen (JPY)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key news events today<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tokyo Core CPI y\/y<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What can we expect from JPY today?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The upcoming data releases for the JPY include the Tokyo Core CPI y\/y, forecasted to decrease from 3.5% to 3.4%, and the Services Producer Price Index (SPPI) y\/y, predicted to fall from 1.6% to 1.4%. If the actual data matches the forecasts, the impact on the JPY may be limited. A significantly lower-than-expected CPI may weigh on the JPY, while a lower-than-expected SPPI by a wide margin could hurt the currency.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The bank will continue with QQE with Yield Curve Control to achieve the price stability target of 2%&nbsp;<\/li>\n\n\n\n<li>Japan&#8217;s economy is expected to recover gradually<\/li>\n\n\n\n<li>The bank will not hesitate to take additional easing measures if necessary<\/li>\n\n\n\n<li>Next meeting is on 15 June 2023&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Next 24 Hours Bias<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Weak bearish<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Euro (EUR)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key news events today<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No major news events.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What can we expect from EUR today?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, no major news event impacts the EUR. The previously released data for Germany shows a contraction of -0.3% in the Final GDP q\/q, indicating a decline in economic output. The German GfK Consumer Climate index improved slightly from -25.8 to -24.2, suggesting a somewhat more optimistic outlook among German consumers. These figures will likely influence the direction of the EUR price today in the absence of significant news events.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The ECB has decided to raise the three key interest rates by 25 basis points as the inflation outlook continues to be too high for too long.<\/li>\n\n\n\n<li>The ECB will continue to follow a data-dependent approach to determining the appropriate level and duration of restriction.<\/li>\n\n\n\n<li>Renewed financial market tensions and Russia&#8217;s war against Ukraine remain significant economic downside risks.<\/li>\n\n\n\n<li>The continued resilience of the labour market could lead to higher growth than anticipated.<\/li>\n\n\n\n<li>Next meeting on 15 June 2023<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Next 24 Hours Bias<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Weak bearish<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Swiss Franc (CHF)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key news events today<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No major news events.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What can we expect from CHF today?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No major news events are scheduled for release from Switzerland today.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Raised policy rate to 1.5% to counter inflationary pressure and ensure price stability. The SNB may need to raise the policy rate further in the future<\/li>\n\n\n\n<li>The SNB is providing liquidity assistance to Credit Suisse, and the crisis has been halted<\/li>\n\n\n\n<li>The new inflation forecast assumes a policy rate of 1.5% and puts average annual inflation at 2.6% for 2023 and 2.0% for 2024 and 2025.<\/li>\n\n\n\n<li>Mortgage and real estate market vulnerabilities persist<\/li>\n\n\n\n<li>Next meeting on 22 June 2023<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Next 24 Hours Bias<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mixed<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Pound (GBP)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key news events today<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Retail Sales m\/m<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What can we expect from GBP today?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The upcoming release of the UK&#8217;s Retail Sales m\/m data is forecasted to show a growth of 0.3%, following a previous decline of -0.9%. This positive change suggests increased consumer spending and economic activity within the retail sector. The GBP is expected to benefit from the improved data.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The MPC of the BoE voted 7-2 to increase Bank Rate by 0.25 percentage points to 4.5%.<\/li>\n\n\n\n<li>The updated projections show that CPI inflation is expected to decline slightly above 1% at the two and three-year horizons, below the 2% target.<\/li>\n\n\n\n<li>CPI increased unexpectedly but is expected to fall sharply over the rest of the year due to lower energy prices.<\/li>\n\n\n\n<li>Next meeting on 22 June 2023&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Next 24 Hours Bias<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Weak bullish<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Canadian Dollar (CAD)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key news events today<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No major news events.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What can we expect from CAD today?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No major news event today impacts the currency, meaning the price direction will likely draw from previously released data. The Canadian dollar may face bearish pressure due to a recent contraction in quarterly corporate profits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bank of Canada holds its target for the overnight rate at 4.5%<\/li>\n\n\n\n<li>Labour markets remain tight with persistent price pressures, especially for services<\/li>\n\n\n\n<li>Economic growth in Q1 looks to be stronger than projected; to be weak through the remainder of this year before strengthening gradually next year<\/li>\n\n\n\n<li>Prepared to increase the policy rate further to return inflation to the 2% target.<\/li>\n\n\n\n<li>Next meeting on 7 June 2023<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Next 24 Hours Bias<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Weak bearish<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Oil<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key news events today<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No major news events.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What can we expect from Oil today?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Russian Deputy Prime Minister, Alexander Novak, downplayed the likelihood of further production cuts by the OPEC+ alliance at their upcoming meeting. The OPEC+ meeting, anticipated to address production adjustments, had previously fuelled optimism and supported oil prices. However, with Novak&#8217;s dismissal of additional cuts, a decline in oil prices is likely.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Next 24 Hours Bias<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Weak bearish<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>IC Markets Europe Fundamental Forecast | 26 May 2023 What happened [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":62297,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-63511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"IC\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.1.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"IC Your Trading Edge | Official Blog | Blog\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"IC Markets Europe Fundamental Forecast | 26 May 2023 | IC Your Trading Edge | Official Blog\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/\" \/>\n\t\t<meta property=\"og:image\" content=\"https:\/\/www.ic.com\/blog\/wp-content\/uploads\/2023\/04\/Europe.png\" \/>\n\t\t<meta property=\"og:image:secure_url\" content=\"https:\/\/www.ic.com\/blog\/wp-content\/uploads\/2023\/04\/Europe.png\" \/>\n\t\t<meta property=\"og:image:width\" content=\"1721\" \/>\n\t\t<meta property=\"og:image:height\" content=\"1065\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2023-05-26T06:22:13+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2023-05-26T06:22:13+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"IC Markets Europe Fundamental Forecast | 26 May 2023 | IC Your Trading Edge | Official Blog\" \/>\n\t\t<meta name=\"twitter:image\" content=\"https:\/\/www.ic.com\/blog\/wp-content\/uploads\/2023\/04\/Europe.png\" \/>\n\t\t<meta name=\"twitter:image:src\" content=\"https:\/\/www.ic.com\/blog\/wp-content\/uploads\/2023\/04\/Europe.png\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/#article\",\"name\":\"IC Markets Europe Fundamental Forecast | 26 May 2023 | IC Your Trading Edge | Official Blog\",\"headline\":\"IC Markets Europe Fundamental Forecast | 26 May 2023\",\"author\":{\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/author\\\/ic-markets-blog\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/Europe.png\",\"width\":1721,\"height\":1065},\"datePublished\":\"2023-05-26T16:22:13+10:00\",\"dateModified\":\"2023-05-26T16:22:13+10:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/#webpage\"},\"articleSection\":\"Fundamental Analysis, Market Analysis, Recent\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ic.com\\\/blog\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/category\\\/fundamental-analysis\\\/#listItem\",\"name\":\"Fundamental Analysis\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/category\\\/fundamental-analysis\\\/#listItem\",\"position\":2,\"name\":\"Fundamental Analysis\",\"item\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/category\\\/fundamental-analysis\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/#listItem\",\"name\":\"IC Markets Europe Fundamental Forecast | 26 May 2023\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/#listItem\",\"position\":3,\"name\":\"IC Markets Europe Fundamental Forecast | 26 May 2023\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/category\\\/fundamental-analysis\\\/#listItem\",\"name\":\"Fundamental Analysis\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/#organization\",\"name\":\"IC Your Trading Edge | Official Blog\",\"description\":\"Blog\",\"url\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/author\\\/ic-markets-blog\\\/#author\",\"url\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/author\\\/ic-markets-blog\\\/\",\"name\":\"IC\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/45a8b220e16e0f949079583fb2ed28dfd51cb16ab81d923f9387497dc2d2aec0?s=96&d=wp_user_avatar&r=g\",\"width\":96,\"height\":96,\"caption\":\"IC\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/#webpage\",\"url\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/\",\"name\":\"IC Markets Europe Fundamental Forecast | 26 May 2023 | IC Your Trading Edge | Official Blog\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/author\\\/ic-markets-blog\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/author\\\/ic-markets-blog\\\/#author\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/Europe.png\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/#mainImage\",\"width\":1721,\"height\":1065},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/ic-markets-europe-fundamental-forecast-26-may-2023\\\/#mainImage\"},\"datePublished\":\"2023-05-26T16:22:13+10:00\",\"dateModified\":\"2023-05-26T16:22:13+10:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/\",\"name\":\"IC Your Trading Edge | Official Blog\",\"description\":\"Blog\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.ic.com\\\/blog\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"IC Markets Europe Fundamental Forecast | 26 May 2023 | IC Your Trading Edge | Official Blog","description":"","canonical_url":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/#article","name":"IC Markets Europe Fundamental Forecast | 26 May 2023 | IC Your Trading Edge | Official Blog","headline":"IC Markets Europe Fundamental Forecast | 26 May 2023","author":{"@id":"https:\/\/www.ic.com\/blog\/author\/ic-markets-blog\/#author"},"publisher":{"@id":"https:\/\/www.ic.com\/blog\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/www.ic.com\/blog\/wp-content\/uploads\/2023\/04\/Europe.png","width":1721,"height":1065},"datePublished":"2023-05-26T16:22:13+10:00","dateModified":"2023-05-26T16:22:13+10:00","inLanguage":"en-US","mainEntityOfPage":{"@id":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/#webpage"},"isPartOf":{"@id":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/#webpage"},"articleSection":"Fundamental Analysis, Market Analysis, Recent"},{"@type":"BreadcrumbList","@id":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.ic.com\/blog#listItem","position":1,"name":"Home","item":"https:\/\/www.ic.com\/blog","nextItem":{"@type":"ListItem","@id":"https:\/\/www.ic.com\/blog\/category\/fundamental-analysis\/#listItem","name":"Fundamental Analysis"}},{"@type":"ListItem","@id":"https:\/\/www.ic.com\/blog\/category\/fundamental-analysis\/#listItem","position":2,"name":"Fundamental Analysis","item":"https:\/\/www.ic.com\/blog\/category\/fundamental-analysis\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/#listItem","name":"IC Markets Europe Fundamental Forecast | 26 May 2023"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.ic.com\/blog#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/#listItem","position":3,"name":"IC Markets Europe Fundamental Forecast | 26 May 2023","previousItem":{"@type":"ListItem","@id":"https:\/\/www.ic.com\/blog\/category\/fundamental-analysis\/#listItem","name":"Fundamental Analysis"}}]},{"@type":"Organization","@id":"https:\/\/www.ic.com\/blog\/#organization","name":"IC Your Trading Edge | Official Blog","description":"Blog","url":"https:\/\/www.ic.com\/blog\/"},{"@type":"Person","@id":"https:\/\/www.ic.com\/blog\/author\/ic-markets-blog\/#author","url":"https:\/\/www.ic.com\/blog\/author\/ic-markets-blog\/","name":"IC","image":{"@type":"ImageObject","@id":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/45a8b220e16e0f949079583fb2ed28dfd51cb16ab81d923f9387497dc2d2aec0?s=96&d=wp_user_avatar&r=g","width":96,"height":96,"caption":"IC"}},{"@type":"WebPage","@id":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/#webpage","url":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/","name":"IC Markets Europe Fundamental Forecast | 26 May 2023 | IC Your Trading Edge | Official Blog","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.ic.com\/blog\/#website"},"breadcrumb":{"@id":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/#breadcrumblist"},"author":{"@id":"https:\/\/www.ic.com\/blog\/author\/ic-markets-blog\/#author"},"creator":{"@id":"https:\/\/www.ic.com\/blog\/author\/ic-markets-blog\/#author"},"image":{"@type":"ImageObject","url":"https:\/\/www.ic.com\/blog\/wp-content\/uploads\/2023\/04\/Europe.png","@id":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/#mainImage","width":1721,"height":1065},"primaryImageOfPage":{"@id":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/#mainImage"},"datePublished":"2023-05-26T16:22:13+10:00","dateModified":"2023-05-26T16:22:13+10:00"},{"@type":"WebSite","@id":"https:\/\/www.ic.com\/blog\/#website","url":"https:\/\/www.ic.com\/blog\/","name":"IC Your Trading Edge | Official Blog","description":"Blog","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.ic.com\/blog\/#organization"}}]},"og:locale":"en_US","og:site_name":"IC Your Trading Edge | Official Blog | Blog","og:type":"article","og:title":"IC Markets Europe Fundamental Forecast | 26 May 2023 | IC Your Trading Edge | Official Blog","og:url":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/","og:image":"https:\/\/www.ic.com\/blog\/wp-content\/uploads\/2023\/04\/Europe.png","og:image:secure_url":"https:\/\/www.ic.com\/blog\/wp-content\/uploads\/2023\/04\/Europe.png","og:image:width":1721,"og:image:height":1065,"article:published_time":"2023-05-26T06:22:13+00:00","article:modified_time":"2023-05-26T06:22:13+00:00","twitter:card":"summary_large_image","twitter:title":"IC Markets Europe Fundamental Forecast | 26 May 2023 | IC Your Trading Edge | Official Blog","twitter:image":"https:\/\/www.ic.com\/blog\/wp-content\/uploads\/2023\/04\/Europe.png","twitter:image:src":"https:\/\/www.ic.com\/blog\/wp-content\/uploads\/2023\/04\/Europe.png"},"aioseo_meta_data":{"post_id":"63511","title":null,"description":null,"keywords":null,"keyphrases":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"limit_modified_date":false,"created":"2024-03-15 03:54:38","updated":"2024-03-15 03:54:38","focus_keyword":null,"additional_keywords":null,"truseo_locale":null,"primary_term":null,"ai":null,"breadcrumb_settings":null,"seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.ic.com\/blog\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.ic.com\/blog\/category\/fundamental-analysis\/\" title=\"Fundamental Analysis\">Fundamental Analysis<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tIC Markets Europe Fundamental Forecast | 26 May 2023\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.ic.com\/blog"},{"label":"Fundamental Analysis","link":"https:\/\/www.ic.com\/blog\/category\/fundamental-analysis\/"},{"label":"IC Markets Europe Fundamental Forecast | 26 May 2023","link":"https:\/\/www.ic.com\/blog\/ic-markets-europe-fundamental-forecast-26-may-2023\/"}],"_links":{"self":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/63511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/comments?post=63511"}],"version-history":[{"count":2,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/63511\/revisions"}],"predecessor-version":[{"id":63535,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/63511\/revisions\/63535"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/media\/62297"}],"wp:attachment":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/media?parent=63511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/categories?post=63511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/tags?post=63511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}